Plan Ledger DOL Form 5500 · updated monthly

Birmingham Community Charter High SchoolProfit-sharing plan

BIRMINGHAM COMMUNITY CHARTER HIGH SCHOOL RETIREMENT PLAN · VAN NUYS, CA · plan year 2024

Reported admin expense ratio · 2024
0.26%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Birmingham Community Charter High School reported $15,684 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,645 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.01% to 0.26%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in California (6,404th of 9,483), and 2,351st of 3,091 in educational services. active participation has shrunk from 430 to 385 since 2022.

Plan summary
Net assets, end of year$6,794,056
Participants with balances341
Active participants385
Employer contributions$633,150
Employee contributions—
Employer contribution per active participant$1,645
Average account balance$19,924
Benefits paid to participants$218,297
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 341 accts · $633K emplr
2023$5.5M · 330 accts · $603K emplr
2022$4.5M · 313 accts · $610K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,684
Total administrative$15,684
Employer contributions to the Birmingham Community Charter High School plan · 2024
Employer contribution per active participant$1,645
Median for plans this size$1,313
2024$1,645 per active participant
2023$1,293 per active participant
2022$1,419 per active participant

Birmingham Community Charter High School's 2024 employer contribution ran above the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,100

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$15,684 · 0.26%
2023$13,299 · 0.27%
2022$650 · 0.01%
Similar plansEducational Services · California
Caliber Public Schools CA$7.6M · 0.79%
Heights Christian Schools CA$7.4M · 0.16%
Presidio Knolls School CA$7.4M · 0.68%
Maranatha High School CA$6.8M · 0.54%
Aj Tutoring Inc CA$6.8M · 0.20%
Kyo Autism Therapy LLC CA$6.7M · 0.52%
10,000 Degrees CA$6.7M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270249997 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.